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Evercore EVR Investment Banking & Equities — Travel and Related Expenses

Other segment segments

Investment Management
$428K+67.8%

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Other financials

Income statement

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Revenue$990.2M+18.8%
Net income$95.3M-2.0%
EPS (diluted)$2.32-1.7%

Balance sheet

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Cash & equivalents$1.3B+102%
Total debt$1.1B+29.6%
Total equity$1.9B+12.3%
Total assets$4.7B+27.4%

Cash flow

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Operating cash flow$525.5M+20.1%
CapEx$10.7M-58.8%
Free cash flow$514.8M+25.0%

Valuation

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Market cap$12.33B+6.4%
Enterprise value$12.16B+3.0%
P/E16.6×-8.5×
P/S2.6×-1.0×

Profitability

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Net margin15.8%+1.5pp
FCF margin34.5%+11.6pp

Returns & leverage

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Return on equity42.4%+13.3pp
Debt / equity0.6×+0.1×
Current ratio2.5×-0.3×

Where this comes from

Reported directly by Evercore in its filing.

Tagged under the XBRL concept us-gaap:TravelAndEntertainmentExpense.

The source filing: Evercore’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:07 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q4 2026
Accession
0001628280-26-053320
Line itemFor the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Investment Banking & Equities
Occupancy and Equipment Rental$29,084$26,261$55,522$51,364
Professional Fees32,19822,05959,73743,203
Travel and Related Expenses34,90323,72962,51045,540
Technology and Information Services42,27735,41181,23667,663
Depreciation and Amortization12,4136,34224,69912,235
Execution, Clearing and Custody Fees2,5562,7295,2565,612
Acquisition and Transition Costs1,6371,8001,637

Item 1. Financial Statements

FAQ

What is Evercore's investment banking & equities — travel and related expenses?
Evercore (EVR) reported investment banking & equities — travel and related expenses of $34.9M in Q2 2026.
How has Evercore's investment banking & equities — travel and related expenses changed year-over-year?
Evercore's investment banking & equities — travel and related expenses increased by 47.1% year-over-year, from $23.73M to $34.9M.
What is the long-term trend for Evercore's investment banking & equities — travel and related expenses?
Over 3 years (2022 to 2025), Evercore's investment banking & equities — travel and related expenses has grown at a 24.0% compound annual growth rate (CAGR), from $49.59M to $94.52M.
What does investment banking & equities — travel and related expenses mean?
This metric tracks the costs incurred by employees for business travel, client entertainment, and related activities necessary to maintain client relationships and execute deals. As a client-facing business, these expenses are highly correlated with business development activity and deal volume. It serves as a leading indicator of the intensity of client engagement.

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